Fees & Charges

There are always fees but how much are they?

Minimum monthly payment

5% of outstanding amount

Early Termination Fee

None

How To Apply for Alliance Bank Balance Transfer Plan

Stay afloat in the vast ocean of your credit card debts

1. Fill up your basic contact details on the online application form and Alliance Bank sales representative will get in touch with you soon.2. To lazy to fill in tedious forms? Choose to apply via phone, call Alliance at 03 8073 7888.3. Alternatively, go to the nearest Alliance branch to apply.

Things you might want to know

How does Alliance Bank Balance Transfer Plan work?

All existing and new Alliance Bank credit card holders can apply for this balance transfer. If you're holding credit cards with other banks, you can transfer your outstanding balances to your Alliance Bank credit card and pay a special balance transfer interest rate.

Note that you need to transfer at least RM1,000 to participate in this balance transfer plan by Alliance Bank.

For a limited time until the 31st December 2017, Alliance Bank is offering 0% interest rate for up to 6 months to all new-to-bank cardmembers who wish to take advantage of Alliance Bank's credit cards benefits, subject to terms and conditions.

Am I able to earn rewards from this balance transfer?

Here's where things get exciting, every RM10,000 transferred to your Alliance Bank credit card entitles you to earn 500 Timeless Bonus Points (TBP). What can you do with those points? You can use them to redeem gifts and prizes from the Alliance Bank gift catalogue!

I am late on my monthly repayments. Any charges for that?

If you are late on your monthly repayments, you will need to pay a 1% late penalty fee of the total outstanding balance or RM10, whichever is higher. The maximum penalty will go as high as RM100.

What if I fail to make full repayments during the period?

In this case, the interest rate will revert to the prevailing interest rate of 18%, which is the highest credit card interest rate. This rate will be maintained until the date of full settlement.

Can I terminate this balance transfer plan?

You can terminate or discontinue your Alliance Bank Balance Transfer Plan without paying any exit or early settlement fee. Nonetheless, you’ll still have to settle the total outstanding principal balance, otherwise the interest rate will revert to 18%p.a..

Our top list of shopping credit cards gets you more discounts and rebates on your everyday purchases at leading supermarkets,hypermarkets, and malls. Shop more for less at AEON, Tesco, Giant, Parkson, and more.

Get explanations on banking terms and jargon straight from the mouth of the leading financial comparison website in Malaysia. We've made our glossary to help you understand the fine print like a banker.

Have you come across a term used in your insurance policy that you've misunderstood or don't understand? To help you make sense of the jargon that's often used to describe insurance, here is our handy guide to the most commonly used key words and phrases.